Obsidian Energy Ltd T.OBE

Alternate Symbol(s): OBE

Obsidian Energy Ltd. is a Canada-based exploration and production company. The Company’s principal business consists of the exploration, development and production of petroleum resources. The Company is mainly focused on the Peace River asset. The Peace River is a stable, cold-flow heavy oil Bluesky resource with Clearwater upside within the Peace River Oilsands region. It has full ownership in a large, contiguous 680 section area of land at Peace River. It has a production base of approximately 30,000 boe/d with the Peace River and is its largest asset as it grows its Clearwater and Bluesky production and establishes new fields in the area. Its other assets include Willesden Green and Viking light oil assets. It also has non-operated holdings in the Pembina Cardium Unit #11.

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Obsidian Energy Ltd

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Comment by thetruth54on May 19, 2025 10:57am

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Post# 36578624

RE:RE:RE:RE:RE:RE:RE:RE:What happened to your big 2 day oil rally?

Moron, I also said even Buffet makes mistakes and given his age the OXY may be a big one. As for your comment on insiders, they also make mistakes. Your hero Kern has made a ton of them investing at higher prices in OBE and is now forced to average down as it will take an incredible recovery for him to even break even on the shares he owns at higher prices.

Furthermore, with no dividend considering the time he has invested his money the ooportunity loss and loss of income from those bad investments in OBE will require a huge unlikely reversal of fortune for his investment.

He has a long way to go given Loukas and Obe's record doodie: